European Central Bank may cut interest rates at next meeting: Official

RIGA, Latvia, 4th September, 2024 (WAM) -- The European Central Bank (ECB) can lower borrowing costs at this month's meeting, Bloomberg quoted ECB Governing Council member Martins Kazaks as saying on Wednesday.

"Next week we have the ECB's council meeting, and to my mind - looking at the data that we have at available at the moment - we can take the next step in the direction of decreasing rates," the Latvian ce